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$504,000

8605 Shagrock Ln, Dallas, TX, 75238

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,619 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$311.3 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringVinyl

Exterior

Lot Size8,060 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000738025000000
Lot Number11
SubdivisionLakeland Hills No 1
Land UseResidential
Legal DescriptionLAKELAND HILLS NO 1 BLK 5/7486 LT 11 VOL96143/2637 DD071696 CO-DALLAS 7486 005 01100 3007486 005
Census Tract013007
Assessed Land Value$300,000
Assessed Improvement Value$241,190
Assessment Year2025

About this property

Move-in ready home located in the desirable Lake Highlands area and within Richardson ISD. This beautifully updated 3-bedroom, 2-bath home features a modern kitchen with quartz countertops, custom cabinetry, subway tile backsplash, stainless steel appliances, and ample cabinet and counter space. Both bathrooms have been tastefully remodeled , updated vanities, and contemporary fixtures. fresh interior and exterior paint, modern lighting, The spacious backyard includes a versatile detached bonus building that can be used as a home office, gym, studio, or additional storage. Conveniently located near White Rock Lake, shopping, dining, parks, and major highways.

Investor Tools

Property Icon
$541,190
Estimated Property Value
$352,500Estimated Mortgage Balance
$0Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,247 /month
Positive
Cash Flow Estimate:
$1,082 /month

Interested in this property?

Nurian Quintanilla

Ultima Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,222
$541,190
2025
$300,000
$241,190
$541,190
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,222
$541,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Fund I Llc
Unknown
$352,500
No
First
Jun 8, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$702,966
N/A
0%
130%
$4,228/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$4,228/mo
$-2,256/mo
4.4%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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